Brazil Ranked First Globally in Maté Exports in 2014

Brazil dominates in the global maté trade. In 2014, Brazil exported 35 thousand tonnes of maté totaling 114 million USD, 16% over the previous year. Its primary trading partner was Uruguay, where it supplied 87% of its total maté exports in value terms, accounting for 98% of Uruguay's total imports.

From 2007 to 2014, Brazil was a net exporter of maté. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.

Argentina and Germany were among the other main global suppliers of maté in 2014. However, the fastest growing exporters from 2007 to 2014 were Paraguay (+22% per year) and Argentina (+18% per year). Paraguay significantly strengthened its position in the global export structure.

In 2014, Brazil's top 5 trading partners were Uruguay, Chile, the U.S., Germany and Japan, with a combined share 96% of Brazil's maté exports. The share of Uruguay increased (+2 percentage points), while the share of Chile illustrated negative dynamics (-3 percentage points). The shares of the other main Brazil's trading partners were stable.

Source: World: Maté - Market Report. Analysis And Forecast To 2020